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NFT Market Mystery: Buyers Flood In, But What’s Really Happening?

Crypto
Last updated: April 5, 2025 8:16 pm
Crypto
Published April 5, 2025
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NFT Market Mystery: Buyers Flood In, But What’s Really Happening?

NFT Market Trends: Sales Dip, Buyers Surge

The NFT market is showing mixed signals. According to CryptoSlam,sales volume has dropped by 7.87% to around $99.9 million over the past week. Though, there’s a silver lining: the number of NFT buyers has surged by 24.38%,reaching 560,845. Sellers are also on the rise, up 15.66% to 327,295. despite this, overall transactions have decreased by 9.12% to about 1.44 million.

Ethereum, the leading blockchain, saw its NFT sales fall by over 21.3% to $25 million.Yet, it still holds the top spot. Polygon follows with $16.9 million in sales, a 6.16% decrease. Bitcoin ranks third, with a 12% drop to $16 million. Mythos Chain is fourth,with a slight 1% increase to $13.8 million.

Solana’s sales have jumped over 16% to $9.9 million. In terms of collections,Courtyard on Polygon leads with $15 million in sales,down 4.26%. DMarket is second, with $8.6 million, up 1.95%. Notably, Guild of Guardians Heroes and CryptoPunks have seen significant declines, with sales dropping by 48% and 43.6%, respectively.

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